CNBC Economy / Updates
- Iran war cost: Average U.S. household paying $450 more on gas and energy May 29, 2026Higher energy costs can force consumers to raid their savings and lean more on debt to cover expenses.
- How the ‘double scar’ of past inflation woes and geopolitical shocks amid the Iran war is hitting consumers May 29, 2026Mental "scars" reinforce fears of stagflation, when rising prices coincide with declining growth, research finds.
- Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows May 28, 2026The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.